{"data":{"id":"us-il/110-ilcs-983-30","jurisdiction":"us-il","citation":"110 ILCS 983/30","heading":"Refinancing.","body":"Before offering a person a private education loan that is being used to refinance an existing education loan, a private educational lender shall provide the person with a disclosure explaining that the benefits and protections applicable to the existing loan may be lost due to the refinancing. The disclosure must be provided on a one-page information sheet in at least 12-point type and must be written in simple, clear, understandable, and easily readable language.","path":["CHAPTER 110 HIGHER EDUCATION","Know Before You Owe Private Education Loan Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4211\u0026ChapterID=18\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:28Z","sha256":"b14c473b485a5386823e5d5dce108ba437b9df4342e83262a64e43d7c88054b7","source_id":"us-il","stale":false,"prev":"us-il/110-ilcs-983-25","next":"us-il/110-ilcs-983-99"},"notice":"GroundRules: Original legal text. Not legal advice."}